89 Ollie Atlanta, GA 30314
Multi-Family (2-4 Units)
MLS #: 10474701
Courtesy Of Atlanta Leasing & Investment
Property InformationDescription
Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick, Concrete
- Heating System: Central Furnace
- Lot Size: 0.09 Acres
MAP & DIRECTIONS
School Information
89 Ollie, Atlanta, GA 30314
Elementary School
Grades EE-5 |
Public School
M. AGNES JONES ELEMENTARY SCHOOL
Atlanta, GA 30314
1040 Fair St SW
404.802.3900
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
470
Middle School
Grades 6-8 |
Public School
HERMAN J. RUSSELL WEST END ACADEMY
Atlanta, GA 30310
765 Peeples St SW
404.802.6800
Distance: 1.6 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
390
High School
Grades 9-12 |
Public School
BOOKER T. WASHINGTON HIGH SCHOOL
Atlanta, GA 30314
45 Whitehouse Dr SW
404.802.4600
Distance: 0.2 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
848
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Kipp Ways Primary School | 0.5 mi | Public | KG-4 | D+ |
| Kipp West Atlanta Young Scholars Academy | 0.5 mi | Public | 5-8 | D- |
| Hollis Innovation Academy | 0.6 mi | Public | EE-8 | D |
| Bright Futures Academy | 0.6 mi | Private | 5-12 | |
| Slam Academy Of Atlanta | 0.8 mi | Public | KG-5 | C |
| The Life School Of Atlanta | 1.2 mi | Private | PK-12 | |
| Frank Lebby Stanton Elementary School | 1.3 mi | Public | EE-5 | C- |
| Kipp Strive Primary School | 1.3 mi | Public | KG-4 | C+ |
| Kipp Strive Academy | 1.3 mi | Public | 5-8 | C- |
| Dunbar Elementary School | 1.6 mi | Public | PK-5 | D+ |
| Woodson Park Academy | 1.7 mi | Public | KG-8 | C- |
| Centennial Academy | 1.7 mi | Public | KG-8 | C- |
| Kipp Atlanta Collegiate Academy | 1.7 mi | Public | 9-12 | C |
| Department Of Human Resources | 1.8 mi | Public | PK-12 | |
| Alphabet House | 1.8 mi | Private | PK-5 | |
| J. L. Invictus Academy | 2.0 mi | Public | 6-8 | D |
| Gideons Elementary School | 2.0 mi | Public | PK-5 | C |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Atlanta, GA 30314
| Median Age: | 35.9 |
|---|---|
| Married: | 13% |
| Number of Households: | 7,117 |
| Households with Children: | 26.4% |
Atlanta, GA 30314
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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